March 6, 2007

Cleveland Real Estate: North Ridgeville

A article in March 2007 identified North Ridgeville as the fastest growing bedroom community in the Greater Cleveland area. City officials reportedly linked this fast growth to the city's 7 million dollar sanitary sewer project on the west side of the area. Build the poop sewer and they will come. Before the project, 60% of the area was served by septic tanks.

North Ridgeville is listed as the home of the first Del Web community in Ohio. Del Web is a business that builds residential units for baby boomers. I suppose the selection of North Ridgeville was made partly because of the tranquility of the area. With hundreds of homes scheduled to be built, this tranquility is in some jeopardy.

How long will it take before North Ridgeville gets filled up and developers move on to a new area? About 10 years or less?

Is development of such new communities linked to an environment where consumers abandon used consumables, including homes, and buy new ones because it just makes economic sense?

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